I Yuan Precision Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 08, 2022
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I Yuan Precision Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 187.61 million compared to TWD 176.62 million a year ago. Net income was TWD 50.54 million compared to TWD 7.75 million a year ago. Basic earnings per share from continuing operations was TWD 1.41 compared to TWD 0.22 a year ago. Diluted earnings per share from continuing operations was TWD 1.41 compared to TWD 0.22 a year ago.
For the six months, sales was TWD 373.72 million compared to TWD 314.74 million a year ago. Net income was TWD 96.86 million compared to TWD 19.19 million a year ago. Basic earnings per share from continuing operations was TWD 2.7 compared to TWD 0.53 a year ago. Diluted earnings per share from continuing operations was TWD 2.7 compared to TWD 0.53 a year ago.
I Yuan Precision Industrial Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile spare parts. The Companyâs main products consist of radiator cooling fans, which prevent automobile engine radiators from being over heated; wind blowers, which are applied in automobile air conditioning systems, as well as window lifts, which enable the movements of automobile windows. It distributes its products within domestic market and to overseas markets.